Discovery Park Historic Homes Sold to Development Company. Plans Underway

via PSBJ : Scott Horne

Marc Stiles, over at the Puget Sound Business Journal, broke the story this afternoon on the latest plans for a group of historic homes at Discovery Park in Magnolia:

"After dragging on for 18 months, the sale of Fort Lawton's historic officer houses in Seattle's Discovery Park has closed, and the new owner plans to refurbish the residences and sell them. An affidavit that was recorded with King County on Friday showed that Rise Properties Trust, a private real estate investment fund backed by Canadians, paid $9.5 million for 26 Colonial Revival residences on a bluff overlooking Puget Sound and the Olympic Mountains..."

Check out the rest of Marc's story, and a slideshow here: PSBJ: Discovery Park Homes


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      About Mark  

    Mark Erickson. Raised in Magnolia, lived on Queen Anne where I co-owed a restaurant, and returned to Magnolia to build my own home on the block I grew up on. Blogging about Magnolia news, happenings, food & fun.  Joined US Dept. of Justice to recover $35M for Medicare and the State of Washington. Now Broker/Realtor® at Keller Williams - Downtown Seattle. Read my unique Bio at my website: